Comptel Had a Strong Third Quarter

Posted: October 24th, 2014 | Author: Juhani Hintikka | Filed under: Industry Insights, News | Tags: , | No Comments »

Comptel is pleased to announce that we had a strong third quarter in 2014 compared to last year, both in terms of quarterly growth in net sales as well as in terms of profitability

In the third quarter, our project and license revenue grew by 20 percent compared to the third quarter in 2013. Our growth came both through winning new customers as well as from new projects. Our new and current business areas grew in the third quarter compared to last year.

We also secured six significant orders, valued over EUR 500,000. Our existing customers in Saudi Arabia and India placed significant orders and we also won a new customer in Pakistan. Also our backlog strengthened significantly overall. In 2014, Comptel has won six customers compared to four last year.

During the past quarter we also signed a strategic partnership agreement with Hitachi. Our Japanese partner will be reselling our Comptel Policy Control solution globally. This new partnership enables us to enter the Japanese market and establish our presence there.



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